Utilities attractive after XLU moves back to new all-time highs

Near-term and Intermediate-term technical trends remain bullish for US Equities, and the push back to new all-time highs this past Thursday helped to reverse the minor downtrend that had begun to emerge earlier in the week for DJIA and Equal-weighted SPX. Technology’s strength has helped to drive recent performance and has solidified this sector as being the best-performing out of all major S&P sectors on a 1-week, 1-month, 3-mo...

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